Information Technology & Services - Perth, Western Australia, Australia
Risk.Report Software for small business produces a targeted, corporate style Risk Register and Risk Report at a fraction of the time and cost of traditional documentation.Based on ISO 31000:2018 Risk Management, Risk.Report's system removes the need for the business owner to have any risk management expertise or know risk jargon. Importantly, the avoidance and trepidation often associated with having to generate sophisticated risk paperwork is reduced. Embedded analytics do the complex risk functions for the small business owner and - define risk categories and identify risk exposures- attribute risk likelihood and consequences, producing the associated risk ratings- identify risk management prioritiesThe documentation can be used:- to support capital raising applications- for compliance, regulatory, and board reporting- when developing budgets and projections- to inform strategic direction initiatives - as a foundation for embedding a risk management cultureIn addition, the process expands inhouse risk knowledge for small business owners on the broad nature of risk. This in turn increases their risk awareness and mitigation capacity.
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